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New York names 'bottom 10' banks sitting on Sandy insurance money

Reuters: Financials

Tue, 19 Mar 2013

NEW YORK, March 19 (Reuters) - New York State governor Andrew Cuomo has named 10 banks, including Capital One Financial Corp and SunTrust Banks Inc, that he says are sitting on $41 million in insurance money owed to victims of Superstorm Sandy, which hit the northeastern United States last year.

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